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Cory’s Chart Corner
Wow...RBC trying hard to obfuscate an 8x growth in loan losses with candy for the kiddies, buybacks and dividend hike. Morning other Danielle...
h/t @DiMartinoBoothDanielle DiMartino Booth @DiMartinoBoothBattening down the hatches with an eight-fold hike in loan loss provisions north of the border:
@RBC provisions for performing loans totaled C$568 million in the second quarter, up from C$68 million in the first three months of the fiscal year.
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Daily Archives: May 19, 2017
The plain truth about investment fees
As trillions in quantitative easing flowed into financial markets the past 7 years, volatility has fallen back to historic lows and valuations to historic highs. In the process, as shown in this chart, many people have increasingly moved savings into … Continue reading
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Ex-Goldman Mnuchin: our support for Glass-Steagall did not mean “Glass-Steagall”
The trouble with people like ex-banker-turned-Treasury Secretary Mnuchin, is that intellectual dishonesty is their main operating system. Lying and tricking (and worse?) have been the backbone of their career, and they have been promoted and grotesquely enriched by it. Mnuchin … Continue reading
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